Oregon Statutes - Chapter 723 - Credit Unions - Section 723.196 - Meeting of members; mail or electronic ballots.

(1) The annual meeting and any special meetings of the members of the credit union shall be held at the time and place and in the manner indicated by the bylaws.

(2) At meetings described in subsection (1) of this section, a member has one vote, irrespective of the amount of that member’s shareholdings. A member may not vote by proxy, but a member may vote by mail or electronic ballot if allowed by the bylaws of the credit union. The board of directors shall establish procedures to safeguard the confidentiality and integrity of the voting process. As used in this subsection, “electronic” has the meaning given that term in ORS 84.004.

(3) The board may establish a minimum age as a qualification of eligibility to vote at meetings of the members. [1975 c.652 §23; 1999 c.185 §12; 2005 c.95 §5]

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Last modified: August 7, 2008